UNICEF Innovation Fund Offers Funding Opportunity for Drone Startups; Open to Nepali Drone Startups

The UNICEF Innovation Fund will be making $100,000 equity-free investments to for-profit technology startups as early-stage finance. The companies should be involved in the use of drones and should be benefiting the humanity.

The Details:

UNICEF Innovative Fund is looking for companies that are working on open-source drone prototype or service.
UNICEF also encourages companies working on open source, modular hardware that has a clear path to profit.
The Fund provides seed funding, products, and technology development, business growth, networks and platforms and maximizes impact.
The startup will also get exclusive access to UNICEF’s 6,500 m2 drone corridor with 500 meters above ground level located around Kasungu, Malawi.

Eligibility Criteria:

The company must be registered as a private company in a UNICEF program country;
It should be working on open source technology solutions or willing to be open-source under the following licenses or their equivalent: BSD (software), CERN (hardware), or CC-BY (content);
There must be an existing prototype of the solution with promising results from initial pilots;
The solution should have the potential to positively impact the lives of children.